Wire Rope or Cable Manufacturing workers comp rate in Rhode Island
The filed workers comp rate for class code 3180 (Wire Rope or Cable Manufacturing) in Rhode Island is $1.59 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $7,950 in base premium.
Source quote
"CLASS CODE 3180 LOSS COST 1.59"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 3180 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 3180 (Wire Rope or Cable Manufacturing) in Rhode Island is $1.59 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 3180 on $500,000 of payroll?
At $1.59 per $100, $500,000 of payroll yields a base premium of $7,950 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3180?
UT has the cheapest filed rate for code 3180 ($0.500) and CA the highest ($4.95). Rhode Island sits at the 68th percentile across 19 peer states.